Headlands Technologies LLC Sells 1,496 Shares of Liberty Global Ltd. (NASDAQ:LBTYA)

Headlands Technologies LLC lowered its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYA) by 4.7% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 30,510 shares of the company’s stock after selling 1,496 shares during the period. Headlands Technologies LLC’s holdings in Liberty Global were worth $542,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Lancaster Investment Management bought a new position in shares of Liberty Global in the 4th quarter worth approximately $42,843,000. Qube Research & Technologies Ltd purchased a new position in Liberty Global during the third quarter valued at approximately $34,754,000. CQS US LLC lifted its holdings in Liberty Global by 51.3% during the third quarter. CQS US LLC now owns 3,405,950 shares of the company’s stock valued at $58,310,000 after purchasing an additional 1,154,230 shares in the last quarter. Schonfeld Strategic Advisors LLC lifted its holdings in Liberty Global by 183.0% during the third quarter. Schonfeld Strategic Advisors LLC now owns 1,134,414 shares of the company’s stock valued at $19,421,000 after purchasing an additional 733,568 shares in the last quarter. Finally, First Wilshire Securities Management Inc. lifted its holdings in Liberty Global by 247.9% during the third quarter. First Wilshire Securities Management Inc. now owns 854,606 shares of the company’s stock valued at $14,631,000 after purchasing an additional 608,964 shares in the last quarter. Institutional investors own 37.20% of the company’s stock.

Insiders Place Their Bets

In other Liberty Global news, CAO Jason Waldron sold 11,226 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $19.29, for a total transaction of $216,549.54. Following the sale, the chief accounting officer now directly owns 70,666 shares of the company’s stock, valued at approximately $1,363,147.14. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Liberty Global news, CAO Jason Waldron sold 11,226 shares of Liberty Global stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $19.29, for a total transaction of $216,549.54. Following the transaction, the chief accounting officer now directly owns 70,666 shares of the company’s stock, valued at $1,363,147.14. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Andrea Salvato sold 32,403 shares of Liberty Global stock in a transaction that occurred on Thursday, March 28th. The shares were sold at an average price of $17.70, for a total transaction of $573,533.10. Following the sale, the executive vice president now owns 102,286 shares in the company, valued at approximately $1,810,462.20. The disclosure for this sale can be found here. Insiders have sold 113,629 shares of company stock valued at $2,046,783 in the last ninety days. Insiders own 11.51% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on LBTYA shares. UBS Group lowered their target price on shares of Liberty Global from $23.00 to $22.50 and set a “buy” rating for the company in a research note on Monday, February 26th. New Street Research reissued a “neutral” rating on shares of Liberty Global in a research report on Wednesday, February 28th. HSBC downgraded shares of Liberty Global from a “buy” rating to a “hold” rating and cut their price objective for the company from $26.00 to $20.00 in a report on Monday, March 18th. Bank of America downgraded shares of Liberty Global from a “neutral” rating to an “underperform” rating in a report on Friday, February 23rd. Finally, TheStreet upgraded shares of Liberty Global from a “d+” rating to a “c-” rating in a report on Thursday, January 25th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $26.36.

Liberty Global Stock Performance

NASDAQ:LBTYA traded up $0.20 during trading hours on Friday, reaching $16.35. 1,935,672 shares of the company’s stock were exchanged, compared to its average volume of 1,441,925. The firm has a market capitalization of $6.17 billion, a price-to-earnings ratio of -1.74 and a beta of 1.18. The company has a 50-day moving average of $17.07 and a 200 day moving average of $17.18. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.79. Liberty Global Ltd. has a 1-year low of $15.01 and a 1-year high of $20.56.

Liberty Global (NASDAQ:LBTYA) last announced its quarterly earnings data on Thursday, February 15th. The company reported ($8.23) EPS for the quarter, missing analysts’ consensus estimates of ($0.35) by ($7.88). The firm had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.88 billion. Liberty Global had a negative return on equity of 19.26% and a negative net margin of 54.08%. Research analysts anticipate that Liberty Global Ltd. will post -0.61 EPS for the current year.

About Liberty Global

Liberty Global Ltd., together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as WiFi features, security, anti-virus, firewall, spam protection, smart home services, online storage solutions, and web spaces; and Connect Box that delivers in-home Wi-Fi service.